Thika assembler starts building Africa’s cheapest car

Mobius is the brain child of computer engineer Joel Jackson. FILE

The start-up auto firm that promised to build new cars worth $6,000 (Sh525,000) each for African roads has started assembling at the Thika-based Kenya Vehicle Manufacturers.

The car, dubbed Mobius, is the brain child of computer engineer Joel Jackson and KVM has started the assembly of five units — supported by parts from Toyota — and plans to increase production to more than 500 units from mid-2014.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.